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the europeans offered sensible plans and responsible governments stepped in. if you had been able to borrow a ton of money to buy them it would have worked. it may have been the single best investment of the 21st century. we are gripped by a similar hysteria about our own country. companies perceived to be the biggest loser. but it turned out to be an amazing trade. the stock traveled to $7.72. >> i can tell from the trading in the name it is not going to happen just yet. there are sellers everywhere. the only thing they have going for them is the debt. we know that when the cliff jump price jumps, well, i say the worst has been prepared for it. and key bank may be the worst of the bunch. it has been a terrible investment up until things turned. and then we will look back and say what were we thinking. why didn't we bid 7 and buy key bank instead of selling it like everybody else? stick with cram eexcramer. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is s
the europeans offered sensible plans and responsible governments stepped in. if you had been able to borrow a ton of money to buy them it would have worked. it may have been the single best investment of the 21st century. we are gripped by a similar hysteria about our own country. companies perceived to be the biggest loser. but it turned out to be an amazing trade. the stock traveled to $7.72. >> i can tell from the trading in the name it is not going to happen just yet. there are...
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Dec 5, 2012
12/12
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government spending sliced where it should be and and the bloated defense budget. unnecessary social programs. me? i think we aren't where we need to be yet when the it comes to abandoning all the hope. i think the postfiscal cliff world has -- not to matter. those people are polyannas. i think we go into a recession with lots of layoffs and the fiscal cliff was designed to compromise. the cliff was designed to scare legislators into rising above politics and compromise. everyone knew about the growth. just like in europe. means it could be, in fact, reduced dramatically. fewer jobs, larger deficit. not smaller. and the federal reserve that's throwing up its hands, can't do anything. as i said last night, it doesn't matter. we can pick our stocks and buy them down. like the fabulous names, amazon, ulta salons. buy them down in scales like i outline in the book "real money." now suggesting other groups giving you a bang for the buck. new groups betting that the hope will be squeezed out and the bottom gets put in before a deal is made -- or not. why not? we know the
government spending sliced where it should be and and the bloated defense budget. unnecessary social programs. me? i think we aren't where we need to be yet when the it comes to abandoning all the hope. i think the postfiscal cliff world has -- not to matter. those people are polyannas. i think we go into a recession with lots of layoffs and the fiscal cliff was designed to compromise. the cliff was designed to scare legislators into rising above politics and compromise. everyone knew about the...
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Nov 30, 2012
11/12
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it's the same government. they've chosen to raise revenues with a flat tax rather than an income tax. >> so would you support a bumper sticker that says "blame your governor, not your president"? >> i'm not here to run campaigns. i'm just here to put out the information. people who are concerned about it ought to be thinking about the state and local level. a lot of the trend is happening there. >> it was a thought-provoking article. thank you very much for joining us. >>> on the issue of those proposed tax hikes, one freshman republican is taking a big back pedal on signing grover norquist's tax pledge. see, when representative chris gibson took over in 2010 as a candidate t his new york congressional district was the 20th. he signed it. but now through redistricting, he represents the 19th district instead. he's saying his signature on that doesn't hold water because he changed districts. turns out grover norquist is not buying that. a line in the pledge states, it's made to the american people to avoid that
it's the same government. they've chosen to raise revenues with a flat tax rather than an income tax. >> so would you support a bumper sticker that says "blame your governor, not your president"? >> i'm not here to run campaigns. i'm just here to put out the information. people who are concerned about it ought to be thinking about the state and local level. a lot of the trend is happening there. >> it was a thought-provoking article. thank you very much for joining...
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Dec 7, 2012
12/12
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but the new french government promised that its tax the rich policies would help the economy. why are we in the usa imitating failure? did you know that california and new york and hawaii are also poised to hit their richest people with a greater than 50% tax rate? isn't that great? emulate france. here now is jim pethokoukis of the american enterprise institute. jim, i thought we wanted to emulate success, not furl. >> i thought so, too. listen, the president wants to run an experiment and see how high we can crank up tax rates in this country without it hurting economic growth. they're already running it in europe, in france, in great britain. the entire european experiment here has been one of tax hike austerity. even though they focus on the spending cuts, you're talking about a high tax area raising taxes even higher. we're trying to to do the same thing here. >> least the brits have the humility to acknowledge their mistake. they took the rate from 40% 050%. millionaires left the island. now they're coming back and dropping it to 45%. at least the brits have some humilit
but the new french government promised that its tax the rich policies would help the economy. why are we in the usa imitating failure? did you know that california and new york and hawaii are also poised to hit their richest people with a greater than 50% tax rate? isn't that great? emulate france. here now is jim pethokoukis of the american enterprise institute. jim, i thought we wanted to emulate success, not furl. >> i thought so, too. listen, the president wants to run an experiment...
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Dec 7, 2012
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that government can't count the amount of workers in government is a little bit beyond the pale and maybe -- >> revised it down? >> from minus 13 to minus 51. i don't know what you call it, 38,000 downward revision. and they revised up the private sector in the month of october, so that was good. the other thing it's very hard for me to believe here that there is not a sandy effect in that i see a minus 22 and a minus 20 on construction. mark, would you just chime in on that? i mean, i guess what -- even if hampton is still there, i don't know, they said no sandy effect, but i'm seeing a minus 42,000 on construction and goods producing. how can that not be? >> no. i think that's some of the sandy effect coming through. with katrina what the bls did is they made some adjustments for the fact that they got a lot fewer respondents from the people who were affected by the storm and my guess is this go-around they decided no to the do that for whatever reason, wait for other data to come in. once we get that data coming in, they will revise down. what you're seeing in the construction jo
that government can't count the amount of workers in government is a little bit beyond the pale and maybe -- >> revised it down? >> from minus 13 to minus 51. i don't know what you call it, 38,000 downward revision. and they revised up the private sector in the month of october, so that was good. the other thing it's very hard for me to believe here that there is not a sandy effect in that i see a minus 22 and a minus 20 on construction. mark, would you just chime in on that? i...
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very conservative, anti-tax, anti-government purists in the mold of jim demint. however, he also backed in republican primaries a number of republican candidates who simply were not electable according to the republican establishment and the establishment was right. for example, remember christine o'donnell, i'm not a witch, from delaware. ken buck of colorado. and others. so those are some of the reasons why he definitely has ruffled many a-feather with the party leaders and i have to tell you first thing i saw when the senate republican leader mitch mcconnell released a statement today was making the point that demint had, quote, uncompromising service. didn't have to read between the lines too much to see there's a backhanded compliment. >> dana, what about bigger picture here and talking about the republican party aenl just talking about folks like ryan and rubio, let's say, part of maybe the next generation republicans. do you think that demint's brand of republicanism is falling out of favor with sort of the newer version of what the republican party is try
very conservative, anti-tax, anti-government purists in the mold of jim demint. however, he also backed in republican primaries a number of republican candidates who simply were not electable according to the republican establishment and the establishment was right. for example, remember christine o'donnell, i'm not a witch, from delaware. ken buck of colorado. and others. so those are some of the reasons why he definitely has ruffled many a-feather with the party leaders and i have to tell you...
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if you're jim demint, you want a much smaller government. as long as east been in the senate, he hasn't been able to accomplish what he wants. >> a lot of people say you have more influence from the inside than you do on the outside. it will be curious. who will they appoint? >> there are four congressman just reelected in south carolina. representative scott is african-american. that would be fascinating if she appointed the first african-american republican senator. the party could use some diverse faces. it's a challenge for them demographically. i don't know if you can appoint yourself in south carolina, but if she wanted to be a senator, now is not a bad time. >> thank you so much for joining us this morning. we appreciate it. >>> we're waiting to see what happens in the streets of egypt today. o opponents of morsi are calling on them to join a protest and are gathering in tahrir square. they were chanting it's time for their new president to resign. their anger was sparked two weeks ago when he granted himself sweeping power. he refuse
if you're jim demint, you want a much smaller government. as long as east been in the senate, he hasn't been able to accomplish what he wants. >> a lot of people say you have more influence from the inside than you do on the outside. it will be curious. who will they appoint? >> there are four congressman just reelected in south carolina. representative scott is african-american. that would be fascinating if she appointed the first african-american republican senator. the party...
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Dec 7, 2012
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government can take. i think this is -- this does present some serious challenges for the federal government. i think that's the reason why you have yet to hear what the department of justice is going to do. obviously, i -- my understanding is that under the regulatory scheme there in washington state, they have a year to put in place a regulation with respect to licensing and taxing of these kinds of sales and i think that what the department of justice is doing is evaluating what is the best way, what's the best course of action moving poured. >> i'm so interested to hear you say, you know, as a conservative, who -- who appreciates state rights, i just -- would like you to weigh in on whether you think that the federal government should get involved and perhaps trump the rights of those states in what those voters have enacted. as a conservative who believes in state rights but perhaps says the conservative who may not appreciate the legalization of marijuana, what do you think should happen? >> well, f
government can take. i think this is -- this does present some serious challenges for the federal government. i think that's the reason why you have yet to hear what the department of justice is going to do. obviously, i -- my understanding is that under the regulatory scheme there in washington state, they have a year to put in place a regulation with respect to licensing and taxing of these kinds of sales and i think that what the department of justice is doing is evaluating what is the best...
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Dec 7, 2012
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people have no doubt in their minds about the lengths to which this government -- the assad government will go to stay in power. one rebel commander, we were speaking to yesterday, was saying if you look at how gradually the government has increase the its use of force, starting with bullets, then moving on to artillery mortar fire and moving on to aircraft, they feel as if the next step would, yes, be the use of chemical weapons. >> this might be a very difficult question to answer, arwa, but you're on the ground there, and you see these small pockets and these sleess of life here. do you have any sense of a big picture of who is actually winning in this civil war? are the rebels doing any better than they were, weeks or months ago? >> they most definitely are gaining ground and significant ground. if we compare the situation now to, say, just a few months ago there are areas of aleppo that one could not have even fathomed going into. when it comes to the city of aleppo itself, they are able to hold certain frontlines, and that most certainly is an incredible development given that th
people have no doubt in their minds about the lengths to which this government -- the assad government will go to stay in power. one rebel commander, we were speaking to yesterday, was saying if you look at how gradually the government has increase the its use of force, starting with bullets, then moving on to artillery mortar fire and moving on to aircraft, they feel as if the next step would, yes, be the use of chemical weapons. >> this might be a very difficult question to answer,...
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Dec 7, 2012
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if you were in support of more government you got a positive score. if you were in support of less government you got a negative score, which seems completely contrary for what you would expect for republicans. >> that's certainly one line we've heard. you guys that lost your positions were too conservative or too tea party but others are saying because you guys went out of your way not only to vote against leadership but seemed like you were trying to embarrass them at times. what do you say about that? >> that's totally ridiculous. this is not a conservative versus liberal thing. there are people like me in congress who are out there, representing the vast majority of americans who want us to balance our budget. it's not a matter of who is willing to work with democrats or republicans. for example, i have a balanced budget amendment to the constitution that has 14 democratic co-sponsors. it's one of the most popular bipartisan budget proposals out there. it's not about who will work with democrats or who will work with republicans who are who is too
if you were in support of more government you got a positive score. if you were in support of less government you got a negative score, which seems completely contrary for what you would expect for republicans. >> that's certainly one line we've heard. you guys that lost your positions were too conservative or too tea party but others are saying because you guys went out of your way not only to vote against leadership but seemed like you were trying to embarrass them at times. what do you...
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Dec 7, 2012
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it is a government effort to balance what passengers want and safety concerns. airline pilots can use ipad flight manuals, begging the question, if they can, why can't we? >> when we use this device, all of the transmission capability is turned off. the problem in the cabin is that there's so many possible combination of personal devices, cell phones and ipads, that the industry hasn't come up with an acceptable test standard to truly determine if in those infinite combinations there's interference. >> reporter: a recent study noted 75 instances in which consumer electronics were suspected of disrupting airplane systems. some are skeptical. >> i don't think it really effects the planes any. so i look at it as an optional rule, if that makes sense. >> i think someone needs to prove to me it is really an issue. i don't know if it's true or not. >> reporter: carl beer sack with a cell phone advocacy group wants to take it a step further. >> people do more than ipad and nook. they actually want to talk to someone, that's what a cell phone is about. >> reporter: and
it is a government effort to balance what passengers want and safety concerns. airline pilots can use ipad flight manuals, begging the question, if they can, why can't we? >> when we use this device, all of the transmission capability is turned off. the problem in the cabin is that there's so many possible combination of personal devices, cell phones and ipads, that the industry hasn't come up with an acceptable test standard to truly determine if in those infinite combinations there's...
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Dec 7, 2012
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not the federal government. the federal government, the last word they have is the defense of marriage act. and what makes this so significant is that the supreme court has not really engaged with the issue of -- of gay rights since 2003. nine years. that's a long time. the country has changed dramatically in those nine years. there is a new gallup poll out that says 53% of americans support same sex marriage. our cnn exit poll said 49% of people support same sex marriage. in the '90s, that number was in the 20s. the country is changing very quickly. that doesn't necessarily mean the supreme court will follow along. look for a lot of attention between now and when the case is argued, probably in march, on anthony kennedy because he has been the swing vote in all of the gay rights cases and he is the author of the two most important gay rights decisions of the supreme court. and even though kennedy is usually with the conservatives, he has always been with the liberals on gay rights. so he will be very much the f
not the federal government. the federal government, the last word they have is the defense of marriage act. and what makes this so significant is that the supreme court has not really engaged with the issue of -- of gay rights since 2003. nine years. that's a long time. the country has changed dramatically in those nine years. there is a new gallup poll out that says 53% of americans support same sex marriage. our cnn exit poll said 49% of people support same sex marriage. in the '90s, that...
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Nov 29, 2012
11/12
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he thought some of that could translate to the government and make government more efficient, more customer friendly. so it's a combination of those things that the president will be talking about during that lunch here at the white house today. this is also part of this prom piece that the president made during his victory speech that he would invited him to the white house and talk about waste and move the country forward. a lot of speculation about whether or not mitt romney could play a role in the white house. again, the white house pushing back on thachlthat. but it is interesting because it is a high-profile invitation, bipartisan invitation when the president is wrangling with lawmakers on the hill. >> that timing is interesting. they also had such a contentious battle for the white house. you find this kind of interesting. >> but that's all forgiven. >> really? all right. i'll go with that. switching gears here, talking about susan collins, she joined the chorus of republicans voicing reservation, a senator, considered a moderate, joining the voice of the republicans about a possib
he thought some of that could translate to the government and make government more efficient, more customer friendly. so it's a combination of those things that the president will be talking about during that lunch here at the white house today. this is also part of this prom piece that the president made during his victory speech that he would invited him to the white house and talk about waste and move the country forward. a lot of speculation about whether or not mitt romney could play a...
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Dec 7, 2012
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computer systems analysts, when you dig into this number, the government saying that's a very good part of the job market and adding health care jobs overall. we've been adding health care jobs for something like three years now. if we can, i want to break down the different sectors here. we lost some jobs in construction, though. professional business services, that's where that computer systems, evening engineering an are. african-american unemployment on the right, is down a little bit. white unemployment, 6.8%, hispanic 10%, and african-american 13.2%. that's a little bit of an improvement for african-americans. >> wow, everything but the kitchen sink. >> i don't have the report on the kitchen sink, but you can come back to me on that. >> we will be back, i promise. >>> wall street will get its first chance to react to the jobs report. alison kosik joins us from the new york stock exchange. good morning, alison. >> good morning, don. the bell rings in about 25 minutes or so. despite the upside surprise with this report, though, there are mixed feelings on really how important this n
computer systems analysts, when you dig into this number, the government saying that's a very good part of the job market and adding health care jobs overall. we've been adding health care jobs for something like three years now. if we can, i want to break down the different sectors here. we lost some jobs in construction, though. professional business services, that's where that computer systems, evening engineering an are. african-american unemployment on the right, is down a little bit....
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Dec 6, 2012
12/12
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caller: we get a line of government workers or people working in the government sector. people who work hard. they have a house. real estate is expensive. a five million-dollar house is not uncommon in d.c. you have half of your exemption gone. host: the state to take the house and put it in a trust. caller: you have to put that in a non revocable trust. it gets complicated. do not do this on the internet. you can make use of non revocable trust. you can make it an asset. the average person doesn't know that. host: how do you do that in two weeks? caller: you can do it. most people's major asset is their home. for people that have more money, it gets harder. give now. if you intended to give money to your kids, do with this year. get it out. if you wait, it is going to be harder. this gets complicated. you have an exemption. there is a current level of how much you can give to any one person. that right now is $5 million tax free this year. next year that drops to $1 million. if you wanted to give money to your kids or give your kids and house, this is the year to do it.
caller: we get a line of government workers or people working in the government sector. people who work hard. they have a house. real estate is expensive. a five million-dollar house is not uncommon in d.c. you have half of your exemption gone. host: the state to take the house and put it in a trust. caller: you have to put that in a non revocable trust. it gets complicated. do not do this on the internet. you can make use of non revocable trust. you can make it an asset. the average person...
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Dec 6, 2012
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the purpose of government is. i believe barack obama is on the right track to teach the people that this is what the role of government should be, for the people. not the corporate interests. one other thing. matt asked about c-span? i want to say unfortunately i have been disabled. i am a disabled veteran. i have been not able to work since the end of 1997. the one benefit i have had to have this opinion is i have been able to watch c-span and "washington journal" almost daily. very much rned so muc that i have never learned in undergraduate hours, law school, or high school. i have learned more about history, government, the true history of this country. not what we have been spoonfed in high school. or in critical about the pleasant stories where we were happy with smiles on their face. where we have come from and how far we have come and how far we can go in terms of really being that bright and shining lfght for other countries to follow by example. host: is that it? caller: please, please, is there some way
the purpose of government is. i believe barack obama is on the right track to teach the people that this is what the role of government should be, for the people. not the corporate interests. one other thing. matt asked about c-span? i want to say unfortunately i have been disabled. i am a disabled veteran. i have been not able to work since the end of 1997. the one benefit i have had to have this opinion is i have been able to watch c-span and "washington journal" almost daily. very...
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Dec 5, 2012
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if we don't get the government -- government's paying for this health care, but the private sector is the one that's writing the bills. you need to do something about the private sector section of the medical system. get 100,000 people to send their bills to you from the hospital and make these people justify these outrageous costs they are charging the government. host: congressman welch. guest: he's got a point. the cost is unbelievable. anybody who's been to the hospital as hes is, you not only get that bill, but you get a bill for the stay in the surgery room, you get a bill from the anaesthesiologist. it's peacework -- piecework billing. what we have is this fee-for-service system here which encourages volume. if you have a incentive, it will produce results. the results that are produced for the fee-for-service system you is get a lot of services offered that many times are not necessary. so that's what -- he's got a good example of how the cost is really beyond the control of any consumer. he gets sent to the doctor. next thing you know he's getting an angioplasty, he's getting
if we don't get the government -- government's paying for this health care, but the private sector is the one that's writing the bills. you need to do something about the private sector section of the medical system. get 100,000 people to send their bills to you from the hospital and make these people justify these outrageous costs they are charging the government. host: congressman welch. guest: he's got a point. the cost is unbelievable. anybody who's been to the hospital as hes is, you not...
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Dec 4, 2012
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you can see it in the government with medicare and social security. no one is arguing we have to cut medicare and social security taxes because they see them tied to something very specific. it goes into a trust fund used for their benefit. in the process of this, if you could print this discussion much more fully home -- it is more than just fixing to that, and that is a specific use of it, bringing it home to some actual uses of this fund, how are you going to make the social security trust funds solvent over a long period, making it worked, you would find resistance to this stuff a great deal less. >> do you think the president has made that connection with the outreach he has done since the election or during the election? >> snowe, it is still -- no, it is still in a class warfare mode on both sides. bringing it home, thinking about what you are going to tell that person wherever you see them about this -- you can take the sting out of this thing by -- there are other people here who have political things that may have raised or not have raised t
you can see it in the government with medicare and social security. no one is arguing we have to cut medicare and social security taxes because they see them tied to something very specific. it goes into a trust fund used for their benefit. in the process of this, if you could print this discussion much more fully home -- it is more than just fixing to that, and that is a specific use of it, bringing it home to some actual uses of this fund, how are you going to make the social security trust...
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Nov 30, 2012
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and i look at spending of the federal government. this giant blue line that consumes the entire chart is just base spending. just base, normal everyday federal government spending. which is increasing 33% if we don't change it over the next 10 years. hear that. normal spending, not bailouts, not special war taxes, not any of that, basic federal spending is set to increase 33% over the next 10 years if we don't move to change it. this yellow line, mr. speaker, you can barely see it, that's the cost of global war on terror. is that real money? you better believe it. when we clooze to send american men and women around the globe to protect our freedoms, you better believe we give them every single advantage that we can and we take care of them when we return home. absolutely there is a cost to the global war on terror. there is a cost to protecting the homeland. but, mr. speaker, in comparison to all the other spending that's going on, it's minuscule. here's the financial bailout here in green, mr. speaker. you probably can't see those.
and i look at spending of the federal government. this giant blue line that consumes the entire chart is just base spending. just base, normal everyday federal government spending. which is increasing 33% if we don't change it over the next 10 years. hear that. normal spending, not bailouts, not special war taxes, not any of that, basic federal spending is set to increase 33% over the next 10 years if we don't move to change it. this yellow line, mr. speaker, you can barely see it, that's the...
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Nov 30, 2012
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national government in u.k. official opposition have had were developed to close a relationship with the press in a way that has not been in the public interest. i made this point last summer when i set up this inquiry and at the same time start reforms to improve transparency. this is the first government to publish details of meetings between senior politicians on proprietary schema editors are senior executives as lord justice leveson represents in his report. he disposes further information on the overall level of interaction between politicians and press that would apply to all parties in on the government's behalf i can say we accept the recommendation. mr. speaker, during the course of the inquiry a number of allegations were made and i want to do with them directly. first, my party struck a deal with news international. this is an allegation repeated again and again on the floor of the south of the inquiry itself. our justice leveson looked at this in detail and rejected the allegation emphatically. let
national government in u.k. official opposition have had were developed to close a relationship with the press in a way that has not been in the public interest. i made this point last summer when i set up this inquiry and at the same time start reforms to improve transparency. this is the first government to publish details of meetings between senior politicians on proprietary schema editors are senior executives as lord justice leveson represents in his report. he disposes further information...
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Dec 1, 2012
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because we live in geographic proximity to one another, we also have city governments, state governments in the united states, we have a federal government in the united states and it's only natural that another layer of government that deals with issues of loss. but over the course of the next hundred years from the lives of our children and grandchildren, we will see progress with it. the big question is whether the balance between the power of those public entities and big private enterprises that are the size of most of the biggest countries in the world. it also remains unbalanced. right now, our future is being determined in financial markets that are regulated by anybody. where the risk of a blow is a risk to each of us and those factors have been very successful in shrugging off and keeping away kind of regulation that could mitigate that risk. and the point is we need to pay attention there and we need to balance their, particularly in the united states, we are seriously out of on june 25, 1875 general george armstrong kuster and his entire command were killed by sioux, cheyenne
because we live in geographic proximity to one another, we also have city governments, state governments in the united states, we have a federal government in the united states and it's only natural that another layer of government that deals with issues of loss. but over the course of the next hundred years from the lives of our children and grandchildren, we will see progress with it. the big question is whether the balance between the power of those public entities and big private...
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that is this government's view. we tried to project that you to canadians and i think canadians are embracing that. i think canadians can celebrate the north and the anniversary of the war of 1812 which was ultimately about our independence from the united states but in a way that is not anti-american and in a way that is celebrating our history but at the same time recognizing the great and enduring relationship that has come out of that period. that is what we are trying to do in this country and i think canadians are embracing that and my only complaint about the united states that every canadian will say, it is just the way it is, we always like to have more attention in the united states. we pay a lot of attention to you. you sometimes don't pay enough attention to us. >> how many americans in the room -- shoes with me? >> the squeaky wheel gets the grease, we're not the squeaky wheel, we recognize united states's obligations and responsibilities of a global and to the extent we share values and interests is la
that is this government's view. we tried to project that you to canadians and i think canadians are embracing that. i think canadians can celebrate the north and the anniversary of the war of 1812 which was ultimately about our independence from the united states but in a way that is not anti-american and in a way that is celebrating our history but at the same time recognizing the great and enduring relationship that has come out of that period. that is what we are trying to do in this country...
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Nov 30, 2012
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the rest of the federal government. over the coming weeks, i'll continue to work with my colleagues here in the senate, many of whom are long time champions on this issue, to ensure that this provision is included during the conference with the house and ultimately signed by the president. in the end, this is an issue of basic equality. women serving in our armed forces should be able to access the same reproductive health services as the civilians they protect. access to care should no longer be one of the sacrifices that women in the united states military are forced to make. women in the military deserve the best, most comprehensive health care we can provide. i'm encouraged by the bipartisan support this provision has received thus far, and i'm hopeful that we'll see it become law this year. it is way past time and it is the least we can do for our female service members. thank you very much, mr. chairman, and thank you to the chair and ranking member for their support on this provision. mr. sessions: mr. president?
the rest of the federal government. over the coming weeks, i'll continue to work with my colleagues here in the senate, many of whom are long time champions on this issue, to ensure that this provision is included during the conference with the house and ultimately signed by the president. in the end, this is an issue of basic equality. women serving in our armed forces should be able to access the same reproductive health services as the civilians they protect. access to care should no longer...
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Dec 5, 2012
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they will instead use it to pay for larger government, more public workers, and more government waste. we need to have a serious conversation about our federal debt, which is now over $16.3 trillion and going up every day. how do we get that number under control? the president and his democratic friends have suggested for years that they can do it on the revenue side; specifically, by taxing the wealthy. yet the new taxes on the rich promised by the president during the campaign would reduce -- would reduce the next ten years of deficits by only 8%, assuming they didn't do any more spending. so where is the rest of the money going to come from? we need to have a serious conversation about spending, but so far the president, congressional democrats, and the liberal interest groups that support them have refused to engage. all they can saall i can say ree here, we're ready to talk, we're raid to reach a balanced resolution that would spare the american people from the consequences of going over the fiscal cliff. and, madam president, i've only been here 36 years, but i've seen every pre
they will instead use it to pay for larger government, more public workers, and more government waste. we need to have a serious conversation about our federal debt, which is now over $16.3 trillion and going up every day. how do we get that number under control? the president and his democratic friends have suggested for years that they can do it on the revenue side; specifically, by taxing the wealthy. yet the new taxes on the rich promised by the president during the campaign would reduce --...
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Dec 3, 2012
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the treaty doesn't give the federal government or any state government new powers. with regard to children with disabilities and the treaty cannot be used as a basis for a lawsuit in state or federal court. former attorney general dick thornburgh made this crystal clear in his testimony before the senate foreign relations committee and in every conversation i've had with him. i would support the treaty if -- i wouldn't support the treaty if it were any other way. let's take a step back and look how this looks if america jeects this treaty. china has joined, russia has joined. we are the country that set the standards on rights for the -- of the disabled. we want everybody to play by international rules. we lose credibility if we turn around and refuse to participate in a treaty that merely asks other nations to live up to our standards, our rules. i'd like to point out that we got a letter from the blind chinese dissident, guen chon chang talking about the plight of the disabled around the world and what a strong message it would send if the united states ratified t
the treaty doesn't give the federal government or any state government new powers. with regard to children with disabilities and the treaty cannot be used as a basis for a lawsuit in state or federal court. former attorney general dick thornburgh made this crystal clear in his testimony before the senate foreign relations committee and in every conversation i've had with him. i would support the treaty if -- i wouldn't support the treaty if it were any other way. let's take a step back and look...
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some of those involved even received medals for meritorious service by the russian government. sergei magnitsky's death is part of a troubling belief on human rights in russia. activists are harassed for speaking out against fraud, corruption or denial of basic rights. we saw what happened with sergei magnitsky when he tried to speak out against corruption. i'm saddened that the leadership of a great nation such as russia is resorting to these hideous tactics. they are a throwback to the soviet era, the worst of the soviet era. our friends, the russian people, deserve a vision that looks forward to a new future that includes freedom and human rights. not the past which had sad chapters of the denial of both of these. i'm pleased to speak in support of this bill. unfortunately, it doesn't include the original cardin amendment. the original cardin amendment had a global reach and said that we would treat virtually anyone guilty of these crimes the same way, denying visas and freezing their assets in the united states. that provision incidentally is similar to an amendment which i
some of those involved even received medals for meritorious service by the russian government. sergei magnitsky's death is part of a troubling belief on human rights in russia. activists are harassed for speaking out against fraud, corruption or denial of basic rights. we saw what happened with sergei magnitsky when he tried to speak out against corruption. i'm saddened that the leadership of a great nation such as russia is resorting to these hideous tactics. they are a throwback to the soviet...
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Dec 4, 2012
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government? >> guest: if you left the current rate structure -- you'd have two serious proposals serious proposals their -- see their owes here. if you left the current structure in place -- you're talking -- i mean, a one year patch is $90 billion. >> host: $90 billion. >> guest: leaves it in place for 4 million people, that's $10 trillion for a repeal of the amt. now, i have to agree with congressman cole that nobody believes the money comes in. everybody believes -- >>> see this discussion and all our in-depth segments on our website at c-span.org. now to the u.s. ?as for work on defense programs and policy. a number of amendments pending. senators hope to finish the bill this week. live business as usual here of the u.s. senate on c-span2. order. ms. stabenow: mr. president? the presiding officer: the senator from michigan. ms. stabenow: thank you, mr. president. mr. president, i rise today to bring attention a critically important piece of legislation that the senate has passed and that the
government? >> guest: if you left the current rate structure -- you'd have two serious proposals serious proposals their -- see their owes here. if you left the current structure in place -- you're talking -- i mean, a one year patch is $90 billion. >> host: $90 billion. >> guest: leaves it in place for 4 million people, that's $10 trillion for a repeal of the amt. now, i have to agree with congressman cole that nobody believes the money comes in. everybody believes --...
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right there, that would silence a lot of critics of our government and that's that makes our government great in that we foster that and oftentimes when it's deserved, we make changes. so this is a very serious offense, not only for my client, but i think for anybody in america to pay attention to what it means to aid the enemy. so again, i think it is something that hopefully means some immorally giving information to the press. >> bradley manning stated last week he didn't want this case tried in the press. does he and do you feel the public interest accurately represented? >> well, i'll just answer that for my date. as i said to begin with, this public appearances the exception to the rule. i believe that trying the case in the press is not the way to the representation of a client. brad, at least from what he testified in the opening hearing didn't want his case to be tried in the price either in because that was his wishes early on, but also because my reviews you shouldn't try your case in the press, i respected his wishes and i didn't grant interviews. even after this date, i won
right there, that would silence a lot of critics of our government and that's that makes our government great in that we foster that and oftentimes when it's deserved, we make changes. so this is a very serious offense, not only for my client, but i think for anybody in america to pay attention to what it means to aid the enemy. so again, i think it is something that hopefully means some immorally giving information to the press. >> bradley manning stated last week he didn't want this...
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Nov 30, 2012
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the government has descriptions of who might be a terrorist. if you got seven days of food in your basement, you might be a terrorist. if you have weatherized ammunition, you might be a terrorist. this is what your government describes as things you should report. know your neighbor to report your neighbor. if you have weatherized ammunition, multiple guns, food in your basement, if you like to pay by cash, if these are the characteristics for which we might be accused of terrorism, would you not at the very least still want to retain your right as an american citizen to a right to a trial by jury of your peers? i ask that we step up today and support an ancient tradition, and i worry about a country who would let a tradition like the right to trial by jury go so easily. thank you, mr. president. the presiding officer: the senator from south carolina. mr. graham: thank you very much. i appreciate the opportunity for good debate. it's a fascinating discussion. the way i look at this issue -- we'll talk with senator levin here in a bit.
the government has descriptions of who might be a terrorist. if you got seven days of food in your basement, you might be a terrorist. if you have weatherized ammunition, you might be a terrorist. this is what your government describes as things you should report. know your neighbor to report your neighbor. if you have weatherized ammunition, multiple guns, food in your basement, if you like to pay by cash, if these are the characteristics for which we might be accused of terrorism, would you...
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Nov 29, 2012
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the government spends way too much money as it is. and, frankly, i don't think the democrats are any more interested in using new revenue to lower the deficit now than they have ever been. but don't tell me you have to raise rates to do it. it's just not true. and the longer democrats keep saying it, the longer it's going to take to come up with an agreement. the only reason democrats are insisting on raising rates is because raising rates on the so-called rich is the holy grail of liberalism. the holy grail of liberalism. their aim isn't job creation. they're interested in wealth destruction. not job creation, but wealth destruction. the president needs to realize that he wasn't elected president of the hard left of the democratic party. he was elected president of the united states. he's the steward of the nation's finances. he's got a responsibility to everyone to work out an agreement, and that means he's got to come up with something that can get through a republican house of representatives. so we're waiting on the president. we
the government spends way too much money as it is. and, frankly, i don't think the democrats are any more interested in using new revenue to lower the deficit now than they have ever been. but don't tell me you have to raise rates to do it. it's just not true. and the longer democrats keep saying it, the longer it's going to take to come up with an agreement. the only reason democrats are insisting on raising rates is because raising rates on the so-called rich is the holy grail of liberalism....
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Nov 29, 2012
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, and there's no reason to subsidize these by the federal government. this is something that can be done. if you look at the navy and the problems they are having right now, i think that people realize that the -- their operation and maintenance funds are stretched to a maximum. they have readiness problems right now, they have a higher tempo than we have had in the past. i think it's very important for people to understand that if you keep giving away $170 million here and some more here, that's coming out of o. & m. it's coming out of our readiness. right now if you talk to any of them in the higher levels of the navy, they talk about they have never been in a situation they have been in before. they have already had readiness problems over the past few years with more than 1/5 of its ships falling short of combat readiness and fewer than half of its deployed combat aircraft being mission ready at any given time. i would urge us to reconsider whether or not we should be in the business of building these -- these plants or retrofitting them, because th
, and there's no reason to subsidize these by the federal government. this is something that can be done. if you look at the navy and the problems they are having right now, i think that people realize that the -- their operation and maintenance funds are stretched to a maximum. they have readiness problems right now, they have a higher tempo than we have had in the past. i think it's very important for people to understand that if you keep giving away $170 million here and some more here,...
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this statesman of arizona expresses his philosophy of government and the obligation of government leaders this way: quote "we owe future generations the chance to live their dreams, to be successful, and, most important, to achieve true happiness by their own efforts." end quote. senator jon kyl's commitment to the security of our nation, to fiscal responsibility, and to helping those in need have earned him a reputation that is worthy of his characteristic. the people of arizona and america are grateful for his service, and i am thankful for his guidance over the years and for his friendship. we wish him all the best to come in the years before him. mr. president, there is one more tribute that i'd like to give this morning, if there is time remaining. could the chair inform me if we're under a time agreement? the presiding officer: the senator may proceed. ms. collins: thank you, mr. president. mr. president, in his 36 years of service in the senate, richard lugar has established a reputation as an extraordinary leader on such you shalls as issues as foreign relations, not security, ene
this statesman of arizona expresses his philosophy of government and the obligation of government leaders this way: quote "we owe future generations the chance to live their dreams, to be successful, and, most important, to achieve true happiness by their own efforts." end quote. senator jon kyl's commitment to the security of our nation, to fiscal responsibility, and to helping those in need have earned him a reputation that is worthy of his characteristic. the people of arizona and...
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the representative to washington from fairfax to the congress and became the chairman of the house government operations committee with many important hearings and covered many issues and he remains very active as a speaker and policy observer and he's also on our faculty where he teaches the course on southern politics very popular lecture and faculty member so i'm pleased to have, as a colleague. tom is going to kick it off and then come back and talk about the detailed program and get started. >> paul, thank you very hatch. he left of the most important part of the resume and that is i left congress undefeated and unindicted. i just want to welcome you on behalf of george mason university the bipartisan policy center and loyt. the history doesn't repeat itself but it sometimes crimes. this summarizes what we are doing in the session this morning. i don't need to tell the audience about the challenges facing the nation and our leaders today in the fiscal cliff approaching even now working to explore an agreement that would avoid an economic free for all while progress in reducing our long-t
the representative to washington from fairfax to the congress and became the chairman of the house government operations committee with many important hearings and covered many issues and he remains very active as a speaker and policy observer and he's also on our faculty where he teaches the course on southern politics very popular lecture and faculty member so i'm pleased to have, as a colleague. tom is going to kick it off and then come back and talk about the detailed program and get...
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that's not really a check on government power because the judge could be an obama appointee. as much as i disagree with president obama, as much as i think he has been a divisive president, in many ways has failed to lead, i want to disassociate myself from the concept that you can't give this commander in chief the powers that commander in chiefs have enjoyed in other wars because we hate him so much. and to my friends who get on the internet and talk radio and stoke this paranoia, we're afraid enough for good reason. this is a dangerous world. we're about to walk off the fiscal cliff. we have people out there trying to undermine our way of life. there is a lot to be afraid of -- al qaeda coming back to our shores, recruiting american citizens to help their endeavors. i hate to say it. in every war we have ever been in, there have been occasions where americans joined the enemy. and in world war ii, that happened. you had german saboteurs land in long island, aided and abetted by american citizens sympathetic to the nazis. all of those american citizens in in re curran were
that's not really a check on government power because the judge could be an obama appointee. as much as i disagree with president obama, as much as i think he has been a divisive president, in many ways has failed to lead, i want to disassociate myself from the concept that you can't give this commander in chief the powers that commander in chiefs have enjoyed in other wars because we hate him so much. and to my friends who get on the internet and talk radio and stoke this paranoia, we're...
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they want the american government to function. that's the reason why barack obama was elected and mitt romney was not elected. the american people liked most of the president's policies, and they want the government to function. if i were a house member, a republican, and i'm thinking of 2014, i would find a way to come up with real proposals and make meaningful change in the nation's tax code. >> jennifer: they are in a box. if they put a specific proposal on the table for either medicare cuts or specific loopholes they want to close whatever, it means that they're bound to those things. that's why nobody wants to put anything in writing. today speaker boehner appointed candace mill for chair the house administration committee. now all week, we've heard all the theirs were men. do you think this is intended and will quiet down the critics that the republicans weren't living? >> no. i mean, it's a nice gesture. it's wonderful to see another woman in a leadership position in congress, but the republican--enough cannot be said about
they want the american government to function. that's the reason why barack obama was elected and mitt romney was not elected. the american people liked most of the president's policies, and they want the government to function. if i were a house member, a republican, and i'm thinking of 2014, i would find a way to come up with real proposals and make meaningful change in the nation's tax code. >> jennifer: they are in a box. if they put a specific proposal on the table for either...
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. >> right to work is about lessening worker's voice in government and the workplace. >> if it's not about economic development, is it more of a political action against the progressive movement? >> i absolutely thingk it is. we have seen all kinds of voter suppression, suppression of democratic rights. this is another example. the wealthy -- this is really driven by wealthy forces in michigan that you know well, the debos. family others dick debos, and they want the wealthy to get more and more and the workers to get less and less, to try to push us down to third-world level on wages and benefits. it's outrage ooze. it shows the tremendous -- actually we did him 10 days of really fruitful discussions about how to change the dynamics in michigan, how to change the climate, with the governor, with the head of the senate, the head of the house. then the right-wing pressure came down and the governor n my view, caved to that pressure. >> but i heard that one of the entities also funding this in addition to the bill yon air, dick devos is bill i don't believeair koch brothers with americ
. >> right to work is about lessening worker's voice in government and the workplace. >> if it's not about economic development, is it more of a political action against the progressive movement? >> i absolutely thingk it is. we have seen all kinds of voter suppression, suppression of democratic rights. this is another example. the wealthy -- this is really driven by wealthy forces in michigan that you know well, the debos. family others dick debos, and they want the wealthy...
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. >> in state and local governments. the private sector has been adding jobs. but, of course, because of technology, and because of productivity change, companies can increase their output and increase their profits employment responds more slowly. >> jennifer: well, that to me is the biggest nut to crack. >> of course. yankees public and private sectors. >> all of this should be about employment. all of it should be. >> jennifer: laura tyson, thank you so much for joining us again inside "the war room" and for sticking your neck out on predictions. >> thank you. >> jennifer: even though we agreed 100 percent. up next jon meechum is here to tell us what thomas jefferson has to do two solving this fiscal cliff mess. and later mitt romney heads to the white house for the lunch date heard around the world those stories and much more ahead right here on "the war room." >> jennifer: we are back inside "the war room." i am jennifer granholm, thomas jefferson our face's third president, is known for his less than savory personal life. he father several children with h
. >> in state and local governments. the private sector has been adding jobs. but, of course, because of technology, and because of productivity change, companies can increase their output and increase their profits employment responds more slowly. >> jennifer: well, that to me is the biggest nut to crack. >> of course. yankees public and private sectors. >> all of this should be about employment. all of it should be. >> jennifer: laura tyson, thank you so much for...
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than the other g20 nations do, but, again we alone in the g20 governor, are the only ones that let our government buy freely from other countries and we don't. and then we have to pay particular attention to our trade with china. >> jennifer: talk about that. what should we be doing to level the playing field? >> well, you had such a firsthand role in sort of turning around the automobile industry in the midwest with the bail out and unfairly, a lot of women and men in this country blamed the wages of the workers of michigan as an example for the problems of gm and chrysler. the reality governor, is that unfair trade is about 90% of the cost differential between a good manufactured in say michigan, ohio and its counterpart in china. and it's unfair trade. i am not -- i am very much a free trader as you are but i am very much as well a fair free trader and illegal subsubsudden is currency manipulation, environment practices that don't mirror the rest of the developed world are causing our manufacturing companies our manufacturing workers to just suffer a burden that they shouldn't have to. >> jenn
than the other g20 nations do, but, again we alone in the g20 governor, are the only ones that let our government buy freely from other countries and we don't. and then we have to pay particular attention to our trade with china. >> jennifer: talk about that. what should we be doing to level the playing field? >> well, you had such a firsthand role in sort of turning around the automobile industry in the midwest with the bail out and unfairly, a lot of women and men in this country...
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he said the bigger government gets the smaller god gets. >> what? >> stephanie: and leon is only getting larger. >> leon is getting larger! i can make a hat. i can make a broach a pterodactyl. you like movies about gladiators. [ laughter ] >> stephanie: jim demint does not like women talking about abortion on the internet. he literally tried to shut down the internet. trust me you can't stop the inter webs. >> that would be enough about that. >> stephanie: pig. how could you stop anybody from talking about anything on the net. ♪ you are an idiot ♪ >> stephanie: demint says america is turning into iran after president obama's election. >> what jim demint wanted to do to the internet is what iron does to the net. >> stephanie: good point. a rare moment of adding something to the show. chris lavoie. [ applause ] >> stephanie: he said probably the most heart wrenching experiences i have had is when naturalize citizens come up to me and say why are we doing what so many have fled from? >> germany? germany has universal health care. >> yeah. what the
he said the bigger government gets the smaller god gets. >> what? >> stephanie: and leon is only getting larger. >> leon is getting larger! i can make a hat. i can make a broach a pterodactyl. you like movies about gladiators. [ laughter ] >> stephanie: jim demint does not like women talking about abortion on the internet. he literally tried to shut down the internet. trust me you can't stop the inter webs. >> that would be enough about that. >> stephanie:...
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government -- so here's the graph. government spend -- would you like the fun facts? >> government spending under obama including his stimulus bill is rising at 1.4% annualized pace slower than at any time in four years. >> how outrageous. >> stephanie: look. >> that's very visual. >> stephanie: everybody look. >> see the chart? >> those poor radio people. >> stephanie: as compared to reagan 8.7%. reagan '86-'89. bush two the second term i'm talking about 8.1%. 1.4% is where obama is. >> spending, spend spend! >> outrageous! >> i won't spend that. boehner is flabbergasted. i'm really flabbergasted! >> stephanie: did you see mitch mcconnell said he burst out laughing at the president's proposal. somebody sent me a picture of a galapagos turtle. >> i'll have the last laugh. i'll live to be 370 years old. >> stephanie: okay. federal spending is rising at the slowest pace since dwight eisenhower brought the korean war to an end. >> meaning it is rising at the fastest pace. ever! >> just by way of comparison, in the twine fiscal year, the last of george w. bush's presidenc
government -- so here's the graph. government spend -- would you like the fun facts? >> government spending under obama including his stimulus bill is rising at 1.4% annualized pace slower than at any time in four years. >> how outrageous. >> stephanie: look. >> that's very visual. >> stephanie: everybody look. >> see the chart? >> those poor radio people. >> stephanie: as compared to reagan 8.7%. reagan '86-'89. bush two the second term i'm...
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and federal government also. but he also said that they would have to meet his goals and ideas. leader harry reid, he was more concerned that they were going to be able to reach some kind of an agreement avoid going off the fiscal cliff. gerri: how concerned are you? what would it mean if we read right over the edge? you believe that there will be some agreements by decembee 31? >> it is hard to tell. the house, the senate, the republicans, it's very tough negotiitions up there. i will tell you that i did meet with my finance officer this morning. my budget director. we talked about comparing my state budget. we have to make our decisions within the next month. the state of oklahoma, it will cost to $700 million in so many things. if we got the fiscal cliff. gerri: with the defense cuts come if we do over the cliff, it will cost $100 million or over that? >> 137 million. gerri: would this put you into the red? >> it certainly could. we are still looking at obama's health care plan and what it will do to the state
and federal government also. but he also said that they would have to meet his goals and ideas. leader harry reid, he was more concerned that they were going to be able to reach some kind of an agreement avoid going off the fiscal cliff. gerri: how concerned are you? what would it mean if we read right over the edge? you believe that there will be some agreements by decembee 31? >> it is hard to tell. the house, the senate, the republicans, it's very tough negotiitions up there. i will...
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maybe the government is simply making a peace savings. i do know seniors cannot save $5 billion without someone paying the price. melissa: thank you. be sure to watch the tom sullivan show this weekend. have all wonderful weekend. happy friday, everyone. we will see you back here on monday. ♪ gerri: tonight, did president obama break the law? some in the senate say yes, and now the cases in front of a judge. we will have a heated debate. with more than a million charities and the u.s. alone, how did you find the best one? we have you covered. "welcome to "the willis report." hello, everybody. i'm gerri willis. tonight no progress on the fiscal cliff as democrats and republicans trade barbs over the issue. one group of americans is finding a way through this regardless of congress and the president. small-business owners in this country are preparing to hire. join me now, chief u.s. economist for i may just pull one side. heart of america group founder, and member of the jobs creation alliance and actual job creators in this country who
maybe the government is simply making a peace savings. i do know seniors cannot save $5 billion without someone paying the price. melissa: thank you. be sure to watch the tom sullivan show this weekend. have all wonderful weekend. happy friday, everyone. we will see you back here on monday. ♪ gerri: tonight, did president obama break the law? some in the senate say yes, and now the cases in front of a judge. we will have a heated debate. with more than a million charities and the u.s. alone,...